Dow Jones (INDU) Down $225 On 4 Hour Chart; 4 Day Up Streak Broken

Dow Jones 4 Hour Price Update

Updated September 18, 2020 11:14 PM GMT (07:14 PM EST)

Dow Jones is down 0.81% (225) since the previous 4 hours, marking the 2nd straight candle a decrease has occurred. Those trading within the equity indices asset class should know that Dow Jones was the worst performer in the class the current 4 hour candle.

Dow Jones Daily Price Recap

Dow Jones is down 0.47% (130.4) since the previous day, marking a reversal from the day prior — and the end of a 4 day positive run. Relative to other instruments in the equity indices asset class, Dow Jones ranked 4th since the previous day in terms of percentage price change. Here is a daily price chart of Dow Jones.

INDU

Dow Jones Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 18 out of the past 30 days.

Overheard on Twitter

Over on Twitter, here were the top tweets about Dow Jones:

  • From Hayess5178:

    For the time being i’m going back in #tether $usdt.
    Got some nice profit from the #alt coin bounce but i’m struggling to keep track of everything.1. The futures markets s&p / dow jones are dumping.
    2. USD $DXY is pumping.
    3. #Gold dumping
    4. $UNI 🤷‍♂️ messing with $ETH chart

  • From ShaoDowMusic:

    Dow Jones and Nasdaq took a whooping so some of my investments are down by quite a bit.It sucks looking at the charts and seeing that you’ve lost money, but considering I’m planning on holding onto most of my investments for around 10 years, I’m not particularly worried

  • From Voters4Change:

    @GOPLeader @realDonaldTrump Republicans also killed more Americans than 5 wars combined by their failed plan to Covid19. Republicans also cost tens of millions their jobs and small businesses are gone forever. For what? To keep Trumps Dow Jones up. Traded lives and companies for his election.

As for a news story related to Dow Jones getting some buzz:

Day Trading Dow Jones- 5 Real Trading Examples | COLIBRI TRADER

The first day trading Dow Jones example is a profit of 210 points on each trade….Dow Jones day trading example 2 mistake: Exited the trade too early with no clear sign of price reversal How to improve: Do not exit a trade because of a personal reason if the trade has not shown a sign of reversal The following Dow Jones day trading example is taken from outside normal working hours….The trade was taken according to my day trading strategy….Dow Jones day trading example 2 mistake: Trade in not particularly great trading hours How to improve: Sometimes your level would be hit outside the active trading hours, but this should not be a reason for you not to take a trade Let’s have a look at another recent trade that I took….Dow Jones day trade example 1 mistake: There was no major mistake in this day trading example How to improve: Sometimes a trade goes smooth from point A to point B….The Dow Jones day trading examples from above are some of my recent trades that I have taken based on my day trading strategy.